Filter interviews by
posted on 16 Jun 2023
A performance obligation is a promise in a contract with a customer to transfer a good or service that is distinct.
Performance obligations are the unit of account in revenue recognition.
They can be explicitly stated in the contract or implied by customary business practices.
A performance obligation is distinct if the customer can benefit from the good or service on its own or together with other resources.
Examples incl...
Accrual revenue is recognized when earned, while deferred revenue is recognized when the service is delivered.
Accrual revenue is recorded when the revenue is earned, regardless of when cash is received.
Deferred revenue is recorded when cash is received before the service is provided.
Accrual revenue is recognized in the income statement, while deferred revenue is recorded as a liability on the balance sheet.
Examples of ...
Top trending discussions
An amendment is a change or alteration to an existing document, while an addendum is an additional document added to provide extra information.
Amendment modifies existing content in a document.
Addendum adds new information or details to a document.
Amendment requires all parties to agree to the changes.
Addendum can be added unilaterally by one party.
Example: An amendment to a contract changes the payment terms. An adden
Sales documents record the sale of goods or services, while billing documents are used to request payment for those goods or services.
Sales documents typically include details of the products or services sold, such as quantity, price, and customer information.
Billing documents are generated after the sale to request payment from the customer, and may include payment terms, due dates, and total amount due.
Sales document...
posted on 23 Jan 2025
I was interviewed in Dec 2024.
posted on 31 Jan 2025
posted on 26 Nov 2024
I applied via Referral and was interviewed in May 2024. There was 1 interview round.
posted on 12 Apr 2024
posted on 12 Dec 2024
I applied via Referral and was interviewed before Dec 2023. There were 2 interview rounds.
I can contribute by implementing efficient financial controls, streamlining processes, and providing accurate financial reporting.
Implementing robust financial controls to prevent fraud and errors
Streamlining processes to improve efficiency and reduce costs
Providing accurate and timely financial reporting to support decision-making
Identifying areas for cost savings and revenue generation
Collaborating with other departm
I can contribute by streamlining processes, implementing cost-saving measures, and improving financial reporting.
Implementing automation tools to streamline financial processes
Identifying and implementing cost-saving measures to improve profitability
Enhancing financial reporting accuracy and timeliness through improved systems and controls
I applied via Naukri.com and was interviewed before Mar 2022. There were 3 interview rounds.
based on 1 interview
Interview experience
based on 2 reviews
Rating in categories
Senior Consultant
4k
salaries
| ₹8 L/yr - ₹30 L/yr |
Lead Consultant
3.4k
salaries
| ₹10.5 L/yr - ₹38 L/yr |
Consultant
3.3k
salaries
| ₹6 L/yr - ₹20.9 L/yr |
Software Engineer
3.3k
salaries
| ₹2.5 L/yr - ₹13 L/yr |
Associate Consultant
2.8k
salaries
| ₹4.6 L/yr - ₹15.3 L/yr |
Cognizant
TCS
Infosys
Accenture